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The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response
Arms Race Frequent Batch
2015/9/18
The high-frequency trading arms race is a symptom of flawed market design. Instead
of the continuous limit order book market design that is currently predominant, we argue
that financial...
Workplace Segregation in the United States: Race, Ethnicity, and Skill
Race Ethnicity Skill
2015/9/18
*This is a substantially revised version of an earlier version of this paper by the same name. This
research was funded by the Russell Sage Foundation and NIH. We are grateful to Megan Brooks, Joel
...